AAP constitutes Entreprenuership Council to attract businessmen to Delhi

As neighboring Gurgaon and Noida have emerged as preferred destinations for multi-national companies (MNCs), tech giants and small and medium-sized enterprises, the AAP government on Friday constituted an Entrepreneurship Council, an advisory body aimed at attracting new entrepreneurs to set up their ventures in the Capital.

The government aims to make Delhi the most preferred destination for starting new businesses by framing easy policy so that all industries and new IT-based startups can start their business here. The policy will also encourage Delhi-based business houses to shift back to the city.

Announcing the council, Delhi Chief Minister Arvind Kejriwal said ease of doing business is a part of AAP's manifesto. The council will consist of members from industries and will work under the aegis of the Dialogue and Development Commission of Delhi (DDC).

"Existing procedures have to be simplified, some new policies have to be made in this direction," said Kejriwal adding that the council would comprise two kinds of people - business enterprises and angel investors.

The patron of the eight-member council is Delhi Industry Minister Satyendra Jain, while the chairman will be Naukri.com founder Sanjeev Bikhchandani. The council is likely to submit its recommendations in three months.